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Effectus [21]
3 years ago
15

The following information was taken from Swifty Corporation’s cash budget for the month of July: Beginning cash balance $500000

Cash receipts 324000 Cash disbursements 534000 If the company has a policy of maintaining a minimum end of the month cash balance of $430000, the amount the company would have to borrow is $140000. $70000. $290000. $106000.
Business
1 answer:
aksik [14]3 years ago
7 0

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Beginning cash balance $500000 Cash receipts 324000 Cash disbursements 534000 If the company has a policy of maintaining a minimum end of the month cash balance of $430000

Loan= 534,000 + 430,000 - (500,000 + 324,000)= 140,000

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Answer:

$3,190

Explanation:

Incremental net income before tax = Incremental gross profit - Incremental SG&A expenses

= $5,000 - $400

= $4,600

Incremental net income after taxes = Incremental net income before tax * (1 - Tax rate)

Incremental net income after taxes = $4,600 * (1 - 0.35)

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Incremental cash flow = Incremental income after taxes + Depreciation

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Incremental cash flow = $3,190

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3 years ago
Which decision-making model would you use when your goals are unclear, there is time pressure, and you have experience with the
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Answer:

Intuition Decision Making model.

Explanation:

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3 years ago
Any right to, or interest, in the land interfering with its use or transfer, or subjecting it to an obligation is known as: ____
S_A_V [24]
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3 years ago
The role of a labor union is to
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Answer:

D) represent the interests of workers in employment matters.

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8 0
3 years ago
Read 2 more answers
Stephanie Corporation sells a single product. Budgeted sales for the year are anticipated to be 639,000 units, estimated beginni
Margarita [4]

Answer:

dollar value=$114452

Explanation:

We need to calculate the dollar value of material A needed during this year.

First step is to calculate how many units are necessary

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3 0
3 years ago
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